Exchange rate amendment for export goods updates notified currency conversion rates, becoming effective on the notified date. Amendment to a customs notification substitutes exchange-rate entries for specified currencies in Schedule I and Schedule II of the earlier notification governing export goods; the Central Government, relying on statutory powers under the Indian Stamp Act and the Customs Act, updates those schedule entries and declares the revised rates effective from the notified date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate amendment for export goods updates notified currency conversion rates, becoming effective on the notified date.
Amendment to a customs notification substitutes exchange-rate entries for specified currencies in Schedule I and Schedule II of the earlier notification governing export goods; the Central Government, relying on statutory powers under the Indian Stamp Act and the Customs Act, updates those schedule entries and declares the revised rates effective from the notified date.
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